Salomon & Ludwin, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 28, 2026), Salomon & Ludwin, LLC reported 2,142 stock positions worth $1.1 billion. Its top holding was iShares S&P 500 Growth ETF (IVW) at 6.7% of the portfolio, followed by iShares Short-Term National (SUB, 6.3%) and SS Technology Select Sector (XLK, 5.4%). Compared with Q3 2025, it opened 101 new positions, sold out of 114, added to 796 and reduced 677. The biggest buy was iShares Short-Term National (SUB, shares +4%) and the biggest sale SS Technology Select Sector (XLK, shares −5%).
- Most Recent 13F
- Q2 2026
- Location
- RICHMOND, VA
- CIK
- 0001766156
- Portfolio Value
- $1.1B (Q4 2025)
- SEC Filing
- 0001766156-26-000002 ↗ filed Jan 28, 2026
Holdings Value
Holdings 2,142 stocks · $1.1B
| IVW iShares S&P 500 Growth ETF | 6.70% | 612,653 | $75.8M | Reduce -2.6% |
| SUB iShares Short-Term National | 6.26% | 663,262 | $70.9M | Add +4.3% |
| XLK SS Technology Select Sector | 5.42% | 423,981 | $61.3M | Reduce -5.2% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 5.28% | 1,172,070 | $59.7M | Add +1.9% |
| VOO Vanguard S&P 500 ETF | 4.52% | 80,896 | $51.2M | Reduce -2.1% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 4.29% | 531,118 | $48.5M | Add +1.7% |
| IVE iShares S&P 500 Value ETF | 3.60% | 189,972 | $40.8M | Reduce -1.8% |
| MSFT Microsoft Corp. | 2.60% | 62,162 | $29.4M | Add +0.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.59% | 42,641 | $29.3M | Add +0.1% |
| VEA Vanguard Ftse Developed ETF | 2.49% | 454,649 | $28.1M | Reduce -1.2% |
| VTEB Vanguard Tax-Exempt Bond ETF | 2.30% | 515,211 | $26.0M | Add +6.9% |
| IJH iShares Core S&P Midcap ETF | 2.16% | 360,221 | $24.4M | Reduce -2.1% |
| VGSH Vanguard Short-Term Treasury | 2.10% | 403,889 | $23.7M | Add +4.7% |
| MUB iShares National Muni Bond E | 2.04% | 215,345 | $23.1M | Add +7.7% |
| EFA iShares MSCI Eafe ETF | 1.91% | 227,166 | $21.6M | Reduce -1.5% |
| VYM Vanguard High DVD Yield ETF | 1.72% | 133,100 | $19.4M | Reduce -2.9% |
| XLY SS Consumer Disc Select Sect | 1.65% | 155,593 | $18.7M | Reduce -1.6% |
| AAPL Apple Inc. | 1.65% | 69,693 | $18.6M | Add +1.0% |
| IWM iShares Russell 2000 ETF | 1.61% | 71,990 | $18.2M | Reduce -0.4% |
| IJK iShares S&P Mid-Cap 400 Grow | 1.60% | 181,306 | $18.1M | Reduce -2.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.49% | 34,474 | $16.8M | Reduce -1.6% |
| XLF SS Financial Select Sector | 1.36% | 273,713 | $15.4M | Reduce -0.9% |
| XLV SS Health Care Select Sector | 1.35% | 98,760 | $15.3M | Reduce -2.1% |
| VGIT Vanguard Intermediate-Term T | 1.24% | 234,390 | $14.1M | Add +8.5% |
| IJJ iShares S&P Mid-Cap 400 Valu | 1.20% | 100,886 | $13.6M | Reduce -2.2% |
| SPTI SS SPDR P Int Term TSY ETF | 1.18% | 461,884 | $13.3M | Add +8.4% |
| SHY iShares 1-3 Year Treasury Bo | 1.12% | 152,526 | $12.6M | Add +8.9% |
| IJR iShares Core S&P Small-Cap E | 1.07% | 98,375 | $12.1M | Reduce -2.1% |
| XLI SS Industrial Select Sector | 0.85% | 59,859 | $9.6M | Reduce -2.1% |
| IJT iShares S&P Small-Cap 600 GR | 0.81% | 63,522 | $9.2M | Reduce -2.0% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.80% | 84,088 | $9.0M | Add +0.8% |
| XLP SS Consumer Staples Sel Sect | 0.79% | 114,930 | $8.9M | Reduce -1.0% |
| IVV iShares Core S&P 500 ETF | 0.75% | 12,355 | $8.5M | Reduce -0.9% |
| EEM iShares MSCI Emerging Market | 0.71% | 141,906 | $8.1M | Reduce -1.5% |
| IEMG iShares Core MSCI Emerging | 0.71% | 115,115 | $8.0M | Reduce -1.3% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.70% | 180,315 | $8.0M | Add +9.1% |
| ORCL Oracle Corp. | 0.55% | 32,481 | $6.3M | Reduce -0.6% |
| IXG iShares Global Financials Et | 0.55% | 50,202 | $6.2M | Reduce -0.3% |
| MO Altria Group Inc. | 0.50% | 101,439 | $5.7M | Reduce -0.0% |
| VCR Vanguard Consumer Discre ETF | 0.49% | 13,893 | $5.5M | Reduce -0.3% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.48% | 93,431 | $5.4M | Add +4.9% |
| IJS iShares S&P Small-Cap 600 Va | 0.45% | 44,039 | $5.1M | Reduce -2.5% |
| SDY SS SPDR S&P Dividend ETF | 0.44% | 35,325 | $5.0M | Reduce -1.1% |
| SLYV SS SPDR S&P 600 SC Val ETF | 0.44% | 53,392 | $5.0M | Reduce -0.9% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.43% | 18,537 | $4.9M | Add +0.1% |
| PM Philip Morris International | 0.39% | 27,939 | $4.5M | Add +0.4% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.39% | 14,799 | $4.4M | Add +0.4% |
| PEY Invesco High Yield Equity Di | 0.38% | 206,608 | $4.3M | Reduce -1.1% |
| VT Vanguard Tot World STK ETF | 0.37% | 29,445 | $4.1M | Add +0.2% |
| VIS Vanguard Industrials ETF | 0.36% | 13,290 | $4.1M | Reduce -2.4% |
| D Dominion Energy Inc. | 0.35% | 68,079 | $4.0M | Add +0.1% |
| XLC SS Comm Select Sector SPDR | 0.34% | 32,856 | $3.9M | Add +3.8% |
| VGT Vanguard Info Tech ETF | 0.34% | 5,080 | $3.8M | Reduce -4.0% |
| AMZN Amazon.com Inc. | 0.32% | 15,630 | $3.6M | Add +9.2% |
| MDY State Street SPDR S&P Midcap | 0.32% | 5,870 | $3.6M | Reduce -1.9% |
| XLE SS Energy Select Sector | 0.30% | 73,295 | $3.4M | Reduce -0.2% |
| VWO Vanguard Ftse Emerging Marke | 0.30% | 62,153 | $3.4M | Add +0.0% |
| FDL First Trust Morn DVD Lead Inc. | 0.30% | 74,387 | $3.4M | Reduce -1.0% |
| LOW Lowe's Cos Inc. | 0.28% | 12,987 | $3.2M | Reduce -0.4% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.28% | 16,318 | $3.2M | Reduce -1.0% |
| LRCX Lam Research Corp. | 0.28% | 16,189 | $3.2M | Add +0.4% |
| AIVL Wisdomtree US AI Enhanced Va | 0.26% | 25,498 | $3.0M | Reduce -1.0% |
| MCD McDonald's Corp. | 0.26% | 9,831 | $2.9M | Add +1.0% |
| NEU Newmarket Corp. | 0.23% | 3,740 | $2.6M | No change |
| NVDA Nvidia Corp. | 0.23% | 13,831 | $2.6M | Add +3.7% |
| IWF iShares Russell 1000 Growth | 0.23% | 5,442 | $2.6M | Reduce -0.1% |
| SPEM State Street SP PTF Em ETF | 0.22% | 50,801 | $2.4M | Add +7.0% |
| GOOGL Alphabet Inc. Class A | 0.21% | 7,558 | $2.4M | Add +2.4% |
| DON Wisdomtree US Midcap Dividen | 0.19% | 40,148 | $2.1M | Reduce -1.3% |
| LLY Eli Lilly & Co. | 0.16% | 1,791 | $1.9M | Add +36.9% |
| DES Wisdomtree US Smallcap Divid | 0.16% | 53,578 | $1.8M | Reduce -1.0% |
| JPM JPMorgan Chase & Co. | 0.16% | 5,291 | $1.8M | Add +0.0% |
| VDE Vanguard Energy ETF | 0.16% | 13,346 | $1.8M | Reduce -0.4% |
| MDYG SS SPDR S&P 400 MC GR ETF | 0.15% | 18,183 | $1.7M | Add +4.7% |
| MDYV SS SPDR S&P 400 MC Val ETF | 0.14% | 18,789 | $1.6M | Add +4.7% |
| META Meta Platforms Inc. Class A | 0.14% | 2,367 | $1.6M | Reduce -0.3% |
| ITA iShares U.S. Aerospace & Def | 0.14% | 6,870 | $1.6M | No change |
| RSP Invesco S&P 500 Equal Weight | 0.14% | 7,961 | $1.5M | Reduce -3.3% |
| KO The Coca-Cola Co. | 0.13% | 21,906 | $1.5M | Reduce -3.5% |
| VHT Vanguard Health Care ETF | 0.13% | 4,959 | $1.4M | Reduce -2.1% |
| GOOG Alphabet Inc. Class C | 0.13% | 4,459 | $1.4M | Add +10.9% |
| AVGO Broadcom Inc. | 0.12% | 4,045 | $1.4M | Add +2.9% |
| JNJ Johnson & Johnson | 0.12% | 6,754 | $1.4M | Reduce -3.0% |
| TSLA Tesla Inc. | 0.12% | 2,883 | $1.3M | Reduce -1.9% |
| VTI VG Morningstar TS MKT ETF-US | 0.11% | 3,687 | $1.2M | Reduce -0.0% |
| ABBV Abbvie Inc. | 0.10% | 5,351 | $1.2M | Reduce -8.4% |
| MA Mastercard Inc. Class A | 0.10% | 1,968 | $1.1M | Add +7.0% |
| TFC Truist Financial Corp. | 0.10% | 21,903 | $1.1M | Reduce -0.1% |
| AMAT Applied Materials Inc. | 0.08% | 3,374 | $959K | Add +3.0% |
| SGOV iShares 0-3 Month Treasury B | 0.08% | 9,085 | $912K | Reduce -0.7% |
| QQQ Invesco QQQ Trust Series 1 | 0.08% | 1,460 | $902K | Reduce -8.0% |
| SLYG SS SPDR S&P 600 SC GR ETF | 0.08% | 9,250 | $891K | Add +5.6% |
| XOM Exxon Mobil Corp. | 0.08% | 6,883 | $863K | Add +3.3% |
| PRAA Pra Group Inc. | 0.07% | 46,949 | $830K | Reduce 0.0% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.07% | 2,532 | $804K | Add +2.2% |
| AUB Atlantic Union Bankshares Co. | 0.07% | 22,182 | $802K | Add +26.8% |
| CL Colgate-Palmolive Co. | 0.07% | 10,318 | $794K | Add +2.2% |
| NSC Norfolk Southern Corp. | 0.07% | 2,704 | $779K | Reduce -1.3% |
| OEF iShares S&P 100 ETF | 0.07% | 2,258 | $777K | No change |
| GE General Electric filed as GE AEROSPACE | 0.07% | 2,387 | $774K | Reduce -0.0% |
Portfolio Sells Q3 2025 → Q4 2025
| XLK SS Technology Select Sector | Reduce -5.2% | 5.42% | −0.31 |
| ORCL Oracle Corp. | Reduce -0.6% | 0.55% | −0.29 |
| IVW iShares S&P 500 Growth ETF | Reduce -2.6% | 6.70% | −0.15 |
| MO Altria Group Inc. | Reduce -0.0% | 0.50% | −0.10 |
| EFA iShares MSCI Eafe ETF | Reduce -1.5% | 1.91% | −0.07 |
| VOO Vanguard S&P 500 ETF | Reduce -2.1% | 4.52% | −0.05 |
| VEA Vanguard Ftse Developed ETF | Reduce -1.2% | 2.49% | −0.04 |
| XLY SS Consumer Disc Select Sect | Reduce -1.6% | 1.65% | −0.04 |
| VYM Vanguard High DVD Yield ETF | Reduce -2.9% | 1.72% | −0.03 |
| XLP SS Consumer Staples Sel Sect | Reduce -1.0% | 0.79% | −0.03 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -1.6% | 1.49% | −0.03 |
| SHV iShares 0-1 Year Treasury Bo | Reduce -56.2% | 0.02% | −0.03 |
| PEY Invesco High Yield Equity Di | Reduce -1.1% | 0.38% | −0.02 |
| IJT iShares S&P Small-Cap 600 GR | Reduce -2.0% | 0.81% | −0.02 |
| VGT Vanguard Info Tech ETF | Reduce -4.0% | 0.34% | −0.02 |
| IJH iShares Core S&P Midcap ETF | Reduce -2.1% | 2.16% | −0.02 |
| ABBV Abbvie Inc. | Reduce -8.4% | 0.10% | −0.02 |
| CWST Casella Waste Systems Inc. Class A | Reduce -75.7% | 0.01% | −0.02 |
| IBIT iShares Bitcoin Trust ETF | Reduce -14.3% | 0.03% | −0.02 |
| IJR iShares Core S&P Small-Cap E | Reduce -2.1% | 1.07% | −0.02 |
| IJJ iShares S&P Mid-Cap 400 Valu | Reduce -2.2% | 1.20% | −0.01 |
| IVE iShares S&P 500 Value ETF | Reduce -1.8% | 3.60% | −0.01 |
| META Meta Platforms Inc. Class A | Reduce -0.3% | 0.14% | −0.01 |
| NFLX Netflix Inc. | Reduce -1.8% | 0.04% | −0.01 |
| COST Costco Wholesale Corp. | Reduce -23.7% | 0.03% | −0.01 |
| HD Home Depot Inc. | Reduce -13.1% | 0.04% | −0.01 |
| SDY SS SPDR S&P Dividend ETF | Reduce -1.1% | 0.44% | −0.01 |
| MAGS Roundhill Magnificent Seven | Sold out | 0.00% | −0.01 |
| IBM Intl Business Machines Corp. | Reduce -14.9% | 0.07% | −0.01 |
| CIBR First Trust Nasdaq Cybersecu | Reduce -94.6% | 0.00% | −0.01 |
| IJK iShares S&P Mid-Cap 400 Grow | Reduce -2.1% | 1.60% | −0.01 |
| SNDK Sandisk Corp. | Reduce -94.1% | 0.00% | −0.01 |
| ABT Abbott Laboratories | Reduce -9.7% | 0.04% | −0.01 |
| AMLP Alerian MLP ETF | Sold out | 0.00% | −0.01 |
| UBER Uber Technologies Inc. | Reduce -30.1% | 0.01% | −0.01 |
| LOW Lowe's Cos Inc. | Reduce -0.4% | 0.28% | −0.01 |
| PG The Procter & Gamble Co. | Reduce -7.2% | 0.04% | −0.01 |
| OKE Oneok Inc. | Reduce -85.6% | 0.00% | −0.01 |
| STRL Sterling Infrastructure Inc. | Sold out | 0.00% | −0.01 |
| LTPZ PIMCO 15+ YR US Tips Indx | Sold out | 0.00% | −0.01 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -8.0% | 0.08% | −0.01 |
| SMH Vaneck Semiconductor ETF | Sold out | 0.00% | −0.01 |
| DON Wisdomtree US Midcap Dividen | Reduce -1.3% | 0.19% | −0.01 |
| RSPG Invesco S&P 500 Equal Weight | Sold out | 0.00% | −0.01 |
| NSC Norfolk Southern Corp. | Reduce -1.3% | 0.07% | −0.01 |
| UNH Unitedhealth Group Inc. | Reduce -4.8% | 0.04% | −0.00 |
| DUK Duke Energy Corp. | Reduce -2.8% | 0.04% | −0.00 |
| VCR Vanguard Consumer Discre ETF | Reduce -0.3% | 0.49% | −0.00 |
| VZ Verizon Communications Inc. | Reduce -8.7% | 0.02% | −0.00 |
| RSP Invesco S&P 500 Equal Weight | Reduce -3.3% | 0.14% | −0.00 |
Portfolio Buys Q3 2025 → Q4 2025
| SUB iShares Short-Term National | Add +4.3% | 6.26% | +0.16 |
| MUB iShares National Muni Bond E | Add +7.7% | 2.04% | +0.13 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +6.9% | 2.30% | +0.13 |
| VGIT Vanguard Intermediate-Term T | Add +8.5% | 1.24% | +0.08 |
| SHY iShares 1-3 Year Treasury Bo | Add +8.9% | 1.12% | +0.07 |
| SPTI SS SPDR P Int Term TSY ETF | Add +8.4% | 1.18% | +0.07 |
| LRCX Lam Research Corp. | Add +0.4% | 0.28% | +0.07 |
| LLY Eli Lilly & Co. | Add +36.9% | 0.16% | +0.07 |
| VGSH Vanguard Short-Term Treasury | Add +4.7% | 2.10% | +0.06 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +9.1% | 0.70% | +0.06 |
| GOOGL Alphabet Inc. Class A | Add +2.4% | 0.21% | +0.05 |
| AAPL Apple Inc. | Add +1.0% | 1.65% | +0.05 |
| AMZN Amazon.com Inc. | Add +9.2% | 0.32% | +0.04 |
| GOOG Alphabet Inc. Class C | Add +10.9% | 0.13% | +0.04 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +4.9% | 0.48% | +0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.1% | 2.59% | +0.03 |
| PTLC Pacer Trendpilot US Large Ca | Add +2351.0% | 0.02% | +0.02 |
| AMAT Applied Materials Inc. | Add +3.0% | 0.08% | +0.02 |
| PSLV Sprott Physical Silver Trust | Add +40.1% | 0.04% | +0.02 |
| AUB Atlantic Union Bankshares Co. | Add +26.8% | 0.07% | +0.01 |
| SPEM State Street SP PTF Em ETF | Add +7.0% | 0.22% | +0.01 |
| GDX Vaneck Gold Miners ETF | Add +114.2% | 0.02% | +0.01 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +176.9% | 0.02% | +0.01 |
| JMST JPM Ultra-Short Muni Income | Add +1.9% | 5.28% | +0.01 |
| CAT Caterpillar Inc. | Add +8.5% | 0.05% | +0.01 |
| CSCO Cisco Systems Inc. | Add +22.0% | 0.04% | +0.01 |
| PM Philip Morris International | Add +0.4% | 0.39% | +0.01 |
| XLC SS Comm Select Sector SPDR | Add +3.8% | 0.34% | +0.01 |
| MRK Merck & Co. Inc. | Add +32.6% | 0.03% | +0.01 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +0.8% | 0.80% | +0.01 |
| MDYG SS SPDR S&P 400 MC GR ETF | Add +4.7% | 0.15% | +0.01 |
| JPM JPMorgan Chase & Co. | Add +0.0% | 0.16% | +0.01 |
| COWZ Pacer US Cash Cows 100 ETF | Add +965.4% | 0.01% | +0.01 |
| XOM Exxon Mobil Corp. | Add +3.3% | 0.08% | +0.01 |
| MDYV SS SPDR S&P 400 MC Val ETF | Add +4.7% | 0.14% | +0.01 |
| RTX RTX Corp. | Add +7.7% | 0.05% | +0.01 |
| OUNZ Vaneck Merk Gold ETF | New | 0.01% | +0.01 |
| BRBS Blue Ridge Bankshares Inc. | Add +2002.4% | 0.01% | +0.01 |
| PTNQ Pacer Trendpilot 100 ETF | New | 0.01% | +0.01 |
| MU Micron Technology Inc. | Add +22.1% | 0.01% | +0.01 |
| WMT Walmart Inc. | Add +16.4% | 0.03% | +0.01 |
| TMO Thermo Fisher Scientific Inc. | Add +1.6% | 0.06% | +0.01 |
| EMN Eastman Chemical Co. | New | 0.01% | +0.01 |
| BAC Bank of America Corp. | Add +18.9% | 0.02% | +0.01 |
| AKRE Akre Focus ETF | New | 0.01% | +0.01 |
| AMGN Amgen Inc. | Add +28.5% | 0.02% | +0.01 |
| GS Goldman Sachs Group Inc. | Add +12.4% | 0.02% | +0.01 |
| COHR Coherent Corp. | Add +14.8% | 0.01% | +0.01 |
| GEV GE Vernova Inc. | Add +6.4% | 0.03% | +0.00 |
| NVDA Nvidia Corp. | Add +3.7% | 0.23% | +0.00 |
Notes & Other Activity Q3 2025 → Q4 2025
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | Sold out | 98 | $2Kbefore exit |
| COHEN & STEERS INFRASTRU | RIGHT 10/16/2025 | Sold out | 1,833 | $114before exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 2,115 | $1.2B | IVW, SUB, XLK, JMST, VOO |
| Q1 2026 | 2,096 | $1.1B | SUB, IVW, JMST, XLK, BIL |
| Q4 2025 | 2,142 | $1.1B | IVW, SUB, XLK, JMST, VOO |
| Q3 2025 | 2,151 | $1.1B | IVW, SUB, XLK, JMST, VOO |
| Q2 2025 | 1,120 | $1.0B | IVW, SUB, XLK, JMST, VOO |
| Q1 2025 | 716 | $938.2M | IVW, SUB, JMST, BIL, VOO |
| Q4 2024 | 719 | $943.9M | IVW, SUB, JMST, VOO, XLK |
| Q3 2024 | 733 | $981.9M | IVW, SUB, JMST, XLK, VOO |
| Q2 2024 | 734 | $895.9M | IVW, XLK, SUB, VOO, IVE |
| Q1 2024 | 851 | $1.2B | IVW, XLK, VOO, IVE, SUB |